Indian bike manufacturer Bajaj Auto has come out with a scheme dubbed 5-5-5, where customers will be entitled to free own-damage insurance for 5 years, a 5-year warranty on select bikes and more.

Bajaj Auto floats attractive offer ahead of festive season sale.&nbsp

New Delhi: The festive season sale has already kicked off and not just e-commerce companies, but several other sectors have also started rolling out exciting offers. Having said that, some manufacturers from the auto industry have already started rolling out exciting offers.

While carmaker Hyundai, which unveiled the all-new Santro today, has offered up to Rs 1.5 lakh discount on its range of cars during the festive season, others like Nissan have opted to give away gold coins to customers.

In fact, motorcycle manufacturers are also slowly joining the festive bonanza early in a bid to bump up sales that have been weak for the past two to three months.

India’s most popular bike manufacturer Bajaj Auto has come out with a scheme dubbed 5-5-5, where customers will be entitled to free own-damage insurance for five years, a five-year warranty on select bikes and some extra free services.

Under the scheme, if an individual buys a Pulsar, Discover, Platina or V range of motorcycles, he/she will get five years of free own-damage insurance. The scheme has been rolled out at a time when the cost of owning a motorcycle has increased due to a higher one-time payment of insurance during a five-year period.

In a nutshell, under the newly rolled out scheme by Bajaj, customers will not have to pay any charge for five years after the initial payment as the ‘own-damage’ clause will be overseen by the government.

As a result, the company is of the view that customers will be able to save up to Rs 9,800 on Pulsar range of bikes, Rs 5,200 on Bajaj V-Range, Rs 4,800 on the Discover and Rs 4,100 on the Platina.

Other than Bajaj’s 5-5-5 offer, Hero Motorcorp is also planning to unload a slew of offers for customers starting tomorrow—one of them is a lowered down payment finance option for Rs 4,999 till November 10.

While other motorbike manufacturers are yet to announce any offers, it is likely that most of the offers will be announced by the end of the month.

Looking to buy a new motorcycle? Check out Bajaj Auto's attractive festive sale offerDescription:Indian bike manufacturer Bajaj Auto has come out with a scheme dubbed 5-5-5, where customers will be entitled to free own-damage insurance for 5 years, a 5-year warranty on select bikes and more. Times Now